German police searched the offices of luxury carmaker Audi on Wednesday in connection with parent company Volkswagen's emissions cheating scandal. The raids were part of a fraud investigation launched several weeks ago against Audi.
German carmaker Volkswagen has announced it will boost investments in the development of electric cars in the next five years. The company has set out to become a global leader in e-mobility and new-energy vehicles.
Prosecutors and investigators from tax authorities have raided the offices of several senior officials from German carmaker Volkswagen. The move was part of an effort to scrutinize the firm in a tax evasion probe.
The bloc's anti-trust officials have searched the offices of the premium carmaker this week in a probe investigating BMW and four other German automobile firms for suspected anti-competitive practices.
A former top manager for Audi has reportedly been detained as part of an investigation into the emissions cheating scandal at parent company Volkswagen. Prosecutors say they are widening their probe.
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